The Effect of Electricity Power supply on the manufacturing sector output and productivity in Nigeria
This study is a critical evaluation of Electricity Power supply and manufacturing output in Nigeria. The researcher made use of Ordinary Least Square (OLS) regression technique in analysing the Impact of Electricity Power Supply on Manufacturing sector in Nigeria. There are also other variables that determine the performance of Manufacturing sector. Findings from the study shows that all the variables included in the model contributes in explaining the performance of Manufacturing sector in Nigeria which shows R2 0.8899. The contributions of these variables may strongly depend on the circumstances in Nigerian economic environment. The study found out that a unit change in Electricity Power Supply has a positive impact on the output of Manufacturing sector. Based on the findings, certain recommendations were made which include government increasing investment in the power sector, government policies aimed at encouraging Manufacturing sector to access public equity capital and also a need for an opening of the market for greater competition in the supply and distribution of electricity.
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